As the New Manager at Your Local Grocery Store,you Want

question 19

Multiple Choice

As the new manager at your local grocery store,you want to create a more efficient inventory process by allowing outside vendors and suppliers to review current inventory records and adjust recurring shipment orders to reduce product waste.What type of network should you use?

• A) VPN
• B) Extranet
• C) Wi-Fi
• D) Intranet

---

Definitions:

Auditing Standards

Rules and guidelines that auditors are required to follow when conducting audits of companies’ financial statements, ensuring consistency, reliability, and integrity in the audit process.

Financial Statements

Formal records of the financial activities and position of a business, individual, or other entity, including the balance sheet, income statement, and cash flow statement.

GAAP

Generally Accepted Accounting Principles, a common set of accounting rules and standards for financial reporting.

Material Departure

A significant deviation or divergence from expected, customary, or defined standards or practices, often in financial reporting or auditing.